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Land cost
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WItitan2
Posted 8/26/2017 11:04 (#6211082 - in reply to #6211040)
Subject: What makes you so special?


Pierce county WI
That you should determine how your landlords invest their money? So you do them a favor by paying higher cash rents? When has land cashflowed? When land was cheap, crops were too, and interest was high. Back in the 80s, it was still cheaper to rent land than buy it. Farmers have always been cash poor and asset rich. And if emotional attachment to this job, or to the land doesn't have any bearing on your business decisions, then why the heck are you farming? If building equity and an operation aren't important to you, then go get a job at an oil refinery. Then you can make a very good salary and not invest anything but your time. Then you can take the money that you aren't using for living expenses and invest them in other, better things that you approve for retirement. Most landowners have made sacrifices in order to buy that land, maybe you should do the same? So if cash rent drops to $75/ an acre, is that your line in the sand? Or are you going to be the first one to say I'll pay $80, and try to be the next bto? How come land is to expensive, but machinery has been going up exponentially and nobody says the machinery companies should lower their prices? Or the fact that seed corn costs 3 times what it did 20 years ago. Maybe the landlord's aren't getting too much rent, maybe your expenses are too high.
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